📢 CBDT Approves Income-Tax Data Sharing With Andhra Pradesh Government For Beneficiary Identification

CBDT has authorised the sharing of specified income-taxpayer information with Andhra Pradesh to identify eligible beneficiaries for state welfare schemes under Section 258(1) of the Income-tax Act, 2025.

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📢 ITAT Deletes Rs 4.61 Crore Income-Tax Addition, Holds 70% Sale Proceeds Belonged to Collaborator Under Valid Joint Development Arrangement

ITAT deleted the Rs 4.61 crore tax addition, holding that 70% of the property sale proceeds belonged to the collaborator under a valid joint development agreement.

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📢 CBI Registers 5 New Cases Against Builders Over Alleged Homebuyer Fraud

CBI has registered five new cases against builders over alleged homebuyer fraud, with searches conducted across Bengaluru, Mumbai and Pune.

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📢 ITAT Sets Aside Section 263 Revision Order After PCIT Lacked Jurisdiction to Revise Issue Already Considered by CIT(A)

ITAT Mumbai quashed PCIT's Section 263 revision order, holding that revisionary jurisdiction cannot extend to matters already decided in appeal.

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📢 CBI Files 20th Chargesheet Against Builder Company, Promoters/Directors and Officials of Financial Institutions in Homebuyers’ Fraud Case

CBI has filed its 20th chargesheet against Ajnara India, its promoters/directors and 15 financial institution officials over alleged homebuyers’ fraud in Noida.

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📢 ITAT Remands Rs 50.19 Lakh Transfer Pricing Adjustment to AO/TPO for Fresh Consideration, Citing Subsequent Year’s Favourable Findings

ITAT remands Honda R&D’s Rs 50.19 lakh transfer pricing adjustment for fresh consideration, citing favourable findings in the subsequent AY 2021-22 proceedings.

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📢 GST Notices Under Section 74(9) Must Contain Foundational Facts of Fraud or Suppression, Rules High Court

The High Court held that mere mechanical use of words like fraud, wilful misrepresentation or suppression cannot justify GST Proceedings.

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📢 HC Sets Aside Ex Parte Adjudication Order After SCN Merely Uploaded on GST Portal under 'Additional Notice and Orders' Tab

High Court set aside the ex parte adjudication order uploaded merely on the GST portal under the 'Additional Notice and Orders' tab.

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📢 ITAT Remands Rs 40.46 Lakh Unexplained Investment Case for Fresh Examination, Directs AO to Verify Wife’s Tax Disclosure

ITAT remands the Rs 40.46 lakh unexplained investment case to the AO to verify whether the amount was already disclosed and taxed by the assessee’s wife.

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📢 High Court Directs GST Officer to Reconsider Portal Freezing

The Calcutta High Court rules GST Portal Blocking Cannot Continue Without Considering Taxpayer’s Representation.

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📢 ITAT Allows Normal Tax Rate on Rs 75 Lakh Survey Surrender, Rejects 60% Section 115BBE Levy

ITAT directs the AO to tax Rs 75 lakh surrendered during a 2016 survey at the normal rate, holding that the amended 60% rate under Section 115BBE applies from FY 2017-18.

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📢 Jind Bribery Trap: GST Officer, CA Arrested Over Rs 5 Lakh Bribe Demand

GST officer Divesh Sahu and CA Ajay Sharma were arrested in Jind for allegedly demanding Rs 5 lakh and accepting a ₹3 lakh bribe in a tax case.

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📢 Fake IT Raid at Mumbai Firm: 2 Income Tax Officials Among 4 Arrested, Rs 1 Crore Demand

Two Income Tax officials and two others were arrested for allegedly conducting a fake raid at a Mumbai firm and demanding Rs 1 crore.

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📢 High Court Upholds Reassessment Proceedings And Allows Assessee to Raise Limitation Plea

The High Court Holds there was reasonable basis to initiate reassessment despite assessee’s explanation.

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📢 Mere Assumptions Cannot Sustain Addition: Rs 15.72 Lakh Cash Addition Deleted After ITAT Finds No Incriminating Evidence

ITAT deleted the Rs 15.72 lakh addition, holding that the Revenue failed to produce sufficient incriminating material proving an undisclosed cash payment to the Bhutani Group.

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📢 Max Healthcare Faces NCLT Proceedings Over Kalinga Hospital; Next Hearing Scheduled for Sept 28

Max Healthcare has disclosed that the NCLT Cuttack Bench has directed it and other respondents to file replies in the BRS Capital proceedings involving subsidiary Kalinga Hospital.

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📢 Over 50,000 Swiggy Delivery Partners Use App to File ITRs, Claim Rs 6.5 Crore Refund

More than 50,000 Swiggy delivery partners have filed ITRs through its app, collectively claiming around Rs 6.5 crore in tax refunds.

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📢 Merely Absence of PAN or Email Address in Sale Confirmation Cannot Prove Transaction Bogus, Holds ITAT

ITAT deleted the Rs 21.81 lakh addition, holding that spelling errors and missing PAN or email details in the purchaser’s confirmation could not by themselves establish a bogus transaction.

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📢 High Court Denies Anticipatory Bail to Man Accused of GST Fraud Through Forged Invoices

The Punjab and Haryana High Court rules custodial interrogation necessary to uncover link with Non-Existent Firms.

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📢 ITAT Takes Lenient View on Long Delay, Remands Tax Dispute for Fresh Hearing After Taxpayer Claims He Was Unaware of Proceedings

ITAT Pune condones years-long delay in filing tax appeal, citing reasonable cause and directing CIT(A) to reconsider the matter afresh.

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📢 Adobe Systems Wins 10% Tax Rate on Income Tax Refund Interest Under India-Ireland DTAA

ITAT allows taxpayer to avail the beneficial 10% tax rate under the India-Ireland DTAA on interest received from income-tax refunds for AYs 2018-19 and 2019-20, along with TDS credit relief.

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